Sunshine Pictures IPO priced ₹342-₹360, subscription opens August 18
Sunshine Pictures is launching its IPO with shares priced between ₹342 and ₹360.
If you're interested, the subscription window runs from August 18 to August 20, with anchor investors getting a head start on August 17.
The offer includes both new shares and some being sold by existing shareholders.
Valuation ₹1,065cr-₹1,121cr, 35% retail
The company's valuation lands between ₹1,065 crore and ₹1,121 crore.
You'll need to buy at least 41 shares, so that's an entry investment of around ₹14,022 at the lower price band and ₹14,760 at the upper price band.
Retail investors get 35% of the pie (with the rest split between institutional buyers and big-ticket investors).
Allotment results will be out on August 21, and if all goes well, Sunshine Pictures will hit the BSE and NSE on August 25.
GYR Capital Advisors is handling things behind the scenes, with Bigshare Services as registrar.